ADP Introduces Enhancements to Its Electronic Invoicing Solution
On October 15, 2012, ADP®, a leading provider of human resource outsourcing, payroll services, tax and compliance, and electronic invoicing solutions, announced several key enhancements to its electronic invoice solution, a component of ADP Procure-to-Pay® (P2P) Solutions.
- Advanced coding based on historical data. The new coding engine enables clients to determine how invoices are coded based on historical precedence and invoice data, such as supplier name, spend type, dollar amount, etc. Over time, the system recognizes coding precedents set through previous invoices and automatically codes incoming invoices, increasing timeliness and accuracy of coding.
- Faster, easier document routing. ADP's rule-based engine allows documents to be routed automatically to the right person in the right department upon receipt, improving efficiency and virtually eliminating the need for manual intervention. The routing path is based on rules set by the business, such as supplier, contact name, region, etc.
- Simplified document management. Clients can now process multiple document types within a single system - including those with and without purchase order assignments - allowing clients to leverage the ADP system, or their current accounting application, to process specific transactions.
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